This package of nine duplexes (18 total units) in a designated Opportunity Zone offers incredible potential for cash flow and long-term appreciation. Each unit features 2 bedrooms, 1.5 bathrooms, a detached garage, private laundry, and outdoor living space. Three units have been fully remodeled, and all buildings and garages have just been freshly painted, giving the property a clean, updated look. The condo declaration is complete and just needs final sign-off, giving you the freedom to continue operating as a multifamily rental or sell the units individually as condominiums. The highly flexible exit strategy makes this a smart play in any market. Located in a growing, high-demand area of Missoula with convenient access to shopping, schools, and transit, this property has strong tenant appeal and rental upside. Whether you're a buy-and-hold investor looking for steady returns or a developer ready to capitalize on the condo market, this asset checks every box.
Active
Price cut: $210K (7/2)
$4,590,000
2402-2418 Leo Ave, Missoula, MT 59808
2beds
2baths
16,568sqft
Est.:
Multi Family, Apartment
Built in 2000
-- sqft lot
$-- Zestimate®
$277/sqft
$-- HOA
What's special
Detached garagePrivate laundryOutdoor living space
- 107 days
- on Zillow |
- 170 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 03:26pm
Listed by:
Rick Meisinger 406-240-6031,
ERA Lambros Real Estate Missoula,
Christopher Funston 406-560-4007,
ERA Lambros Real Estate Missoula
Source: MRMLS,MLS#: 30047263

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Included: Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, In Bathroom, Main Level, In Unit
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 16,568
- Total interior livable area: 16,568 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, On Street
- Garage spaces: 1
Features
- Levels: Two
- Has view: Yes
- View description: Mountain(s), Residential
Lot
- Size: 1.14 Acres
- Features: Level
- Topography: Level
Details
- Parcel number: 04220017114030000
- Zoning: Multi-Family
- Zoning description: RM1-45
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Level,Tri-Level
- Property subtype: Multi Family, Apartment
Materials
- Wood Siding, Wood Frame
- Foundation: Poured
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available
Community & HOA
Location
- Region: Missoula
Financial & listing details
- Price per square foot: $277/sqft
- Annual tax amount: $36,826
- Date on market: 4/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
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